Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
EKA Mobility Announces Second Tranche Investment From Mitsui & Co., Ltd. Updated On Fri, Jun 21st, 2024 by Saurenergy EKA (Pinnacle Mobility Solutions) has confirmed that Mitsui & Co., Ltd., the Japanese trading and investment company has executed a second tranche investment as a part of the initially announced phased investment, further solidifying their commitment to the rapidly growing electric vehicle (EV) company. This strategic infusion of capital will be directed towards capital expenditures […] Read more
News Briefs June 21- Nextracker, Sembcorp, German Solar Target Updated On Fri, Jun 21st, 2024 by Saurenergy Nextracker Acquires Ojjio US solar tracker firm Nextracker has acquired Ojjo Inc., a leading foundations business in the solar power sector. This strategic move will allow Nextracker to providing comprehensive system solutions. According to Dan Shugar, Nextracker CEO, Optimization of the foundations and solar trackers enables customers to meet or exceed project-level LCOE targets while […] Read more
Waaree Energies Secures 280 MW Order From Mahindra Susten Updated On Thu, Jun 20th, 2024 by Saurenergy Waaree Energies Limited, an Indian solar PV module manufacturer with an aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), signed an agreement with Mahindra Susten. This agreement with renewable independent power producer (IPP), was undertaken to supply 280 MW (DC) of advanced solar modules in Bikaner, Rajasthan. The contract […] Read more
Green Stock June 20: Shakti Pumps, Gensol Stock Price Rise By 5% Updated On Thu, Jun 20th, 2024 by Saurenergy In the stock market today, Gensol Engineering stock rose by 5%, this is followed by Shakti Pump which maintains a 5% positive growth. Other companies whose stock climbed up today are, Borosil Renewables, Tata Power, JSW Energy, SUZLON Energy, Adani Green, and SJVN Company name Closing Price On May 19 Closing Price on June 20 […] Read more
JSW MG Motor India Partner Ecofy For EV Financing Updated On Thu, Jun 20th, 2024 by Saurenergy JSW MG Motor India have announced that it partnered with Eversource Capital-backed NBFC Ecofy to provide financing and leasing solutions for its electric vehicles. According to a release, the two businesses have inked a Memorandum of Understanding (MoU) under which Ecofy will offer leasing and financing options for up to 10,000 JSW MG EVs over […] Read more
Waaree, Loom Solar Aim To Lead In Direct Sales Of PV Panels To Consumers Updated On Thu, Jun 20th, 2024 by Saurenergy Editorial Note: The copy earlier mentioned that Adani Solar is set to sell solar panels to consumers through its recently opened center in Bangalore. This is to clarify that the Bangalore center of Adani Solar was meant only for consumer awareness and not for direct sales to consumers. Reference to Adani Solar in the story […] Read more
Top 5 Non-Chinese Solar Inverter Manufacturers Updated On Thu, Jun 20th, 2024 by Saurenergy A Solar inverter is one of the crucial components of solar panel systems, which converts the direct current (DC) generated by solar panels into alternating current (AC), which is suitable for powering household appliances, businesses, and the electrical grid. Needless to say, the solar inverter market growth is analogous to the growth of solar power […] Read more
Only 10% Coal Plants To Be Decommissioned By 2030: Report Updated On Thu, Jun 20th, 2024 by Saurenergy Only 10% of the world’s existing coal power capacity is slated for decommissioning by 2030. More coal decommissioning transactions can be closed in the next three to five years, according to a report by IEEFA. Governments, investors and philanthropic organisations should invest the effort to identify these opportunities. The decarbonisation of electricity in emerging market […] Read more
